Saudi Aramco’s Q3 Profits Hit $27.5 Billion Amid Global Oil Price Slump
Nov 5, 2024
Profits Decline Due to Lower Oil Prices Saudi Aramco, the state-owned oil giant, posted third-quarter profits of $27.5 billion, a 15% drop from last year’s $32.5 billion during the same period. The decrease is attributed to declining global oil prices and reduced refining